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July 05, 2015 10:26 AM ET

Hotels, Restaurants and Leisure

Company Overview of Pizza Hut, Inc.

Company Overview

Pizza Hut, Inc. operates a chain of pizza restaurants in the United States and internationally. It offers pizzas, pastas, wings, and drinks, as well as sides and desserts, such as stuffed pizza rollers, breadsticks, cheese sticks, baked desserts, and cinnamon sticks. The company also offers catering services. In addition, Pizza Hut franchises its restaurants. Further, it provides online ordering. The company was founded in 1958 and is based in Plano, Texas. Pizza Hut, Inc. operates as a subsidiary of Yum! Brands, Inc.

7100 Corporate Drive

Plano, TX 75024

United States

Founded in 1958

Phone:

972-338-7700

Fax:

972-338-7689

Key Executives for Pizza Hut, Inc.

Chief Executive Officer and President
Age: 51
Chief Operations Officer
President of Pizza Hut International
Age: 42
Global Chief Digital Officer
Director of the BOOK IT! Program
Compensation as of Fiscal Year 2015.

Pizza Hut, Inc. Key Developments

Pizza Hut Introduces Big Flavor Dippers Pizza

Pizza Hut announced that Pizza night across the country is getting a big upgrade due to the newest innovation from Pizza Hut: The Big Flavor Dippers Pizza. Designed for dipping, the Big Flavor Dippers Pizza is a nearly two-foot long pizza that's divided into 24 dipping strips, making the pizza eating experience interactive and fun. The pizza comes with a choice of 10 crust flavors from the Flavor of Now menu, such as Hut Favorite, Toasted Cheddar and Salted Pretzel, as well as four flavorful dipping sauces including Marinara, Ranch, Barbeque and Honey Sriracha. Customers can order the Big Flavor Dippers Pizza with one topping and four dipping sauces for just $12.99. A free 2-liter of any Pepsi product is available when the new product is ordered online. The Big Flavor Dippers Pizza is one more way to enjoy Pizza Hut with more flavor than ever before. As part of the Flavor of Now menu launch in November, Pizza Hut introduced an expanded menu that included 10 new crust flavors, five new base sauces, four sauce drizzles and five new premium ingredients, all enabling the ultimate flavor customization for today's consumer.

Pizza Hut, Inc. Reports Unaudited Earnings Results for the First Quarter of 2015

Pizza Hut, Inc. reported unaudited earnings results for the first quarter of 2015. For the quarter, the company’s franchise & license fees was $127 million against $127 million a year ago. Operating profit was $81 million against $84 million a year ago. Foreign currency translation negatively impacted operating profit by $1 million. Pizza Hut Division system sales increased 2%, prior to foreign currency translation. Total Revenue was $271 million against $267 million for the same period a year ago.

Boulder Brands, Inc. Partners with Pizza Hut, Inc. to Launch Gluten-Free Pizza

Boulder Brands, Inc. announced partnership between Udi 's, the No. 1 gluten-free brand in North America and a division of Boulder Brands, and Pizza Hut. Pizza Hut will launch two varieties of gluten-free pizzas, cheese-only and pepperoni, using Udi's signature crust, in 2,400 locations nationwide beginning January 26th. Pizza Hut Gluten-Free Pizza will be co-branded with the Udi's name and Pizza Hut will be the first major pizza chain to sell a pizza prepared with procedures that have been certified by the Gluten Intolerance Group.

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